MS-ZTE @EC2608A

ZTE and XLSMART Launch Indonesia's First Nationwide 5G Network

ZTE to Launch Nubia M153 and Showcase Doubao AI Assistant at MWC

ZTE to Release FY2025 Earnings on March 6 After-Market (BJT), Forecast Revenue HKD 155.35 B, EPS HKD 1.7631

ZTE Launches Co-Claw Enterprise Edition to Tackle AI Agent Scale-up Challenges

ZTE Aids the Development of Embodied Intelligence Industry

Establishment of Shaanxi Jianxing Zhanlu Private Equity Investment Partnership

GGBA Venture Capital Guiding Fund Adds ZTE and Other Partners

ZTE Subscribes to Guangdong-Hong Kong-Macao Greater Bay Area Venture Capital Fund for 200 Million Yuan.

ZTE Decides to Repurchase A-shares for Incentive Plans

ZTE Joins the Open Agent AI Foundation at Its Establishment

ZTE Subscribes to Shaanxi Jianxing Zhanlu Equity Investment Partnership

ZTE Launches Enterprise-Level Desktop Intelligent Body Co-Claw Enterprise Edition

ZTE Constructs Full-Stack AI Industry Ecosystem

ByteDance Launches Dobaobao Phone Assistant Official Version Project

Citi Increases Long Position in ZTE

ZTE Collaborates with Algerian Ooredoo to Promote 5G Technology Commercialization

Citi Reduces Its Long Position in ZTE to 6.45%

JPMorgan Increases Short Position in ZTE to 6.21%

EU Proposes Cybersecurity Bill to Gradually Phase Out Equipment from High-Risk Vendors Such as Huawei and ZTE

JPMorgan Reduces Short Position in ZTE H Shares

CCOE

STARCOIN GROUP

ONEFORCE HLDGS

ROYAL DELUXE

STELUX HOLDINGS

TE HEALTHCARE

ASIAPAC FIN INV

WELIFE TECH

DRINDA

TIMELESS

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ZTCOY

ZTE will unveil the Nubia M153 smartphone featuring a technical preview of ByteDance’s Doubao AI assistant at MWC 2026 in Barcelona, starting March 2. Previously, a limited number of engineering units were released at RMB 3,499 (approximately $490), with the assistant integrated at the operating system level.

动点科技英文源

ZTE Corporation

MWC 2026: ZTE to debut Nubia M153 with Doubao AI assistant preview

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On February 27th, all three major indices of the Hong Kong stock market closed higher, with the Hang Seng Index rising 0.95% to 26,630.54 points, indicating a moderate recovery in market sentiment. Sector performance was mixed; boosted by demand for AI computing power, Longbridge surged 10.06%, while Cambridge Technology fell 8.28%. Large tech stocks showed varied performance, with Tencent Holdings up 1.17%, Kuaishou down 1.18%, and Alibaba slightly down 0.07%. The current market is in a data vacuum period, with funds maintaining high-level fluctuations and consolidating, awaiting further guidance from macro policies

- On February 27, the Hong Kong stock market closed higher, with all three major indices rebounding after a short-term adjustment, signaling a moderate recovery in market sentiment.  
- The Hang Seng Index rose by 0.95% to 26,630.54 points, indicating strong resistance despite not reaching prior highs, while the Hang Seng Technology Index and the Hong Kong Enterprise Index also increased slightly.  
- Focus shifts to post-holiday liquidity and corporate earnings expectations amidst a lack of key macroeconomic data, with investors eyeing U.S. Federal Reserve policies and mainland growth strategies.

Market Heartbeat

YOFC

TENCENT

KUAISHOU-W

BIDU-SW

BABA-W

JD-SW

MNSO

SANERGY GROUP

MAINLAND HOLD

Tencent Holdings Limited

Hong Kong stock market closing | Hang Seng Index rose 0.95%, stabilizing at 26,600 points, YOFC surged 10.06%, Tencent rose 1.17%

On February 27th, the three major indices of the Hong Kong stock market collectively warmed up in the morning session, with the Hang Seng Tech Index rising 1.03% to lead the market, and the Hang Seng Index increasing 0.75% to maintain a strong oscillating pattern. The internet and retail sectors performed actively, with Tencent Holdings leading the trading volume with a rise of 2.83%, Alibaba following with an increase of 1.05%, and Yangtze Optical Fibre rising sharply by 3.85, while stocks like Kuaishou and Cambridge Technology experienced adjustments. On the macro level, the market is in a data vacuum period, with investors waiting for guidance from Hong Kong's retail sales and CPI data, and overall bullish sentiment has somewhat recovered

- On February 27, Hong Kong's three major indices rebounded, with the Hang Seng Tech Index leading the market.  
- The Hang Seng Index rose by 0.75% to 26,578.43 points, and investor sentiment was generally positive, particularly in the technology and retail sectors.  
- Notable individual stock performances included a 125.81% surge in Great Wall Digital's shares following the lifting of its liquidation application, attracting speculative trading.

XUNCE

XIMEI RESOURCES

Hwabao CSI HK Equities Internet ETF

E Fund CSI HK Connect Internet ETF

Alibaba

BABA 2x Long Daily ETF - GraniteShares

FI2 CSOP HSI

Tencent

FI CSOP HSI

Hang Seng Composite Index

Harvest Hang Seng SCHK Technology ETF

KraneShares 2x Long BABA Daily ETF

CSOP HS TECH

Hang Seng Index

FL2 CSOP HSI

Hong Kong Stock Midday Review | Hang Seng Tech Index up 1.03%, Tencent Holdings up 2.83% leading the way, YOFC up 3.85%

On February 27th, during the Hong Kong stock market, the market showed a mild recovery trend, with the three major indices maintaining narrow fluctuations. The Hang Seng Index stabilized above 26,400 points, while the Technology Index consolidated around 5,100 points. In terms of sectors, the internet content and information sector experienced mixed fluctuations, with TENCENT's stock price rising due to favorable AI news, while KUAISHOU faced a pullback due to profit-taking pressure; the communication equipment sector declined overall, with CIG experiencing a significant drop. Market sentiment remained cautious, with investors closely monitoring macroeconomic data guidance

- Hong Kong stocks showed mild recovery on February 27, maintaining narrow fluctuations due to lack of significant positive stimuli.  
- The Hang Seng Index rose by 0.42% to 26,491.34 points, indicating stable support above 26,400 points, while the Hang Seng Tech Index saw a modest increase of 0.36%.  
- Market focus remains on economic recovery indicators like retail sales and export data, contributing to cautious sentiment among investors.

MANY IDEA CLOUD

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

Tianhong Hang Seng TECH ETF(QDII)

HSTECH ETF

Hong Kong stock market intraday | The Hang Seng Index rose 0.36%, technology stocks fluctuated and diverged, Tencent Holdings increased by 1.17%, Kuaishou fell by 1.02%

On February 26th, the Hong Kong stock market sentiment turned cautious, with all three major indices retreating. The Hang Seng Index fell by 0.95%, and the Hang Seng TECH Index plummeted by 2.19%. Blue-chip stocks generally weakened, with Alibaba and Tencent Holdings dropping by 2.9% and 1.82%, respectively. The funding situation showed a clear divergence, with the demand for AI computing infrastructure driving the communication equipment sector to rise against the trend, as YOFC surged over 4%. The current market is in the pullback confirmation phase after a breakout, with macro-level attention focused on liquidity verification and signals of domestic demand recovery

- On February 26, Hong Kong stocks declined across all major indices, reversing previous gains due to profit-taking and cautious investor sentiment.  
- The Hang Seng Index fell 0.95% to 26,511.22 points, with significant losses in technology stocks, while communication equipment firms saw gains driven by AI infrastructure demand.  
- Market liquidity and domestic consumption recovery remain key focuses for investors, monitoring M3 money supply and retail sales for insights into economic resilience.

NANFANG COMM

PUTIAN COMM

DONGFANG ELEC

ILUVATAR COREX

FIT HON TENG

HSBC HOLDINGS

ALI HEALTH

Fullgoal CSI Communication Equipment Thematic ETF

Hang Seng TECH Index

Hong Kong Stock Market Update | The Hang Seng Index fell 0.95%, Alibaba dropped 2.9%, while the communication equipment sector surged against the trend

As of noon on February 26, Hong Kong stocks showed weakness across the three major indices, with the Hang Seng Index down 0.39% and the Hang Seng Tech Index falling 1.65%, leading the decline. In terms of sectors, retail and technology stocks generally retreated, with Alibaba down 2.09% and Kuaishou down 2.41%; the telecommunications equipment sector performed strongly against the trend, with Yangtze Optical Fibre and Cable rising 4.65% and Cambridge Technology up 5.02%. The market experienced a technical adjustment after reaching a peak, focusing on the endogenous momentum of economic recovery, with investment sentiment becoming cautious

- The Hong Kong stock market saw a collective decline in the main indices after reaching a peak, with the Hang Seng Index closing at 26,661.2 points, down 0.39%.  
- The technology sector led the decline, with the Hang Seng Tech Index falling 1.65%, attributed to significant technical corrections from recent highs.  
- While retail stocks fell, communication equipment stocks increased, driven by optimism around digital infrastructure policies.

FULUM GP HLDG

ZIJING INTL FIN

SINOPHARM TECH

Hong Kong Stock Market Mid-Review | Hang Seng Tech Index fell 1.65%, communication equipment stocks rose against the trend, Changfei Fiber increased by 4.65%, Alibaba dropped by 2.09%

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ZTE to Invest 200 Million Yuan Into Partnership Fund; Shares Up 3%

marketscreener

ChinaAMC CSI 5G Communication ETF

Guotai CSI All Share Communications Equipment ETF

Guotai CES Semiconductor Chip Industry ETF

Harvest CNI Communication ETF

ZTE to Invest 200 Million Yuan Into Partnership Fund; Shares Up 3%

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ZTE and Sunlord announced that they will act as limited partners, each investing 200 million yuan to subscribe to the Guangdong-Hong Kong-Macao Greater Bay Area Venture Capital Guidance Fund, which has a total scale of 50.45 billion yuan and was established on December 22, 2025. The fund will focus on investing in fields such as next-generation information technology, biotechnology, and high-end equipment manufacturing, with a maximum duration of 20 years. The Guangdong-Hong Kong-Macao Fund is one of the three regional funds under the National Venture Capital Guidance Fund, aimed at supporting cutting-edge fields such as artificial intelligence and quantum technology

Wallstreetcn

Sunlord

A fund exceeding 50 billion yuan is set to launch! ZTE and Sunlord participate in the subscription

JPMorgan Chase & Co's long position in H-shares of ZTE Corp decreases to 8.71% on Feb 3 from 9.61% - HKEX

JPMorgan Chase & Co's long position in H-shares of ZTE Corp decreases to 8.71% on Feb 3 from 9.61% - HKEX

JPMorgan Chase & Co's short position in H-shares of ZTE decreased to 4.97% - HKEX

JPMorgan Chase

Defiance Daily Target 2X Long JPM ETF

JPMorgan Chase & Co's short position in H-shares of ZTE decreased to 4.97% - HKEX

ZTE Corporation (763.HK) has recently continued its adjustment trend in stock price, with weak daily-level rebounds, a continuous decrease in trading volume, and K-line showing a slight arrangement of bearish candles. The MACD indicator remains in a death cross, indicating a clear short-term bearish structure. The continuously shrinking trading volume suggests overall market sentiment is low, with many funds choosing to wait and see. 

On the fundamental side, ZTE Corporation's communication equipment business has shown reasonable resilience since last year, but the slowdown in 5G investment pace and cost-cutting pressures in the industry have put pressure on profitability. Additionally, fluctuations in overseas market orders and uncertainties in the trade environment have made the market cautious about the company's medium to long-term growth. Affected by external sentiment, the overall defensiveness of the sector has weakened, and there is insufficient rotation among technology mainlines.

In terms of technical trends, after the K-line broke down from the box, it has been continuously testing support and is now approaching the HKD 18-19 range, where there has historically been some accumulation of shares and willingness to support. If there is a volume increase with a reversal or unusual fund movements during intraday trading, it is expected to test the HKD 20 round number and short-term moving average pressure. If the volume continues to shrink and declines, caution is needed for a drop to HKD 17 or lower support.

Operational advice: Investors should prioritize risk control and participate in short-term speculation based on intraday fund flows and unusual movements. Until there are signs of a reversal in technical signals, ZTE Corporation is expected to remain in a weak oscillation, with subsequent policies and 5G industry events likely to bring marginal changes

Technical Forecast

Morning Trend | ZTE Corporation experiences a volume decline, is there a change in the market with unusual fund movements?

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ByteDance is set to launch its second-generation Doubao smartphone in mid-to-late Q2 2026, following the initial project launch in late 2025. The new device, developed in collaboration with ZTE’s Nubia brand, aims to exceed the expectations set by the first-generation model. The Doubao team has engaged with major app developers and secured access permissions from various internet companies. Handset manufacturers will need to pay licensing and subscription fees for ByteDance's AI services.

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

China Southern CSI Semiconductor Industry Custom ETF

GF Fund CNI Information Technology Innovation Theme ETF

Yinhua CSI 5G Communication Theme ETF

ChinaAMC SSE Science and Technology Innovation Board 50 ETF

Tianhong CSI Computer Theme ETF

GTJA Allianz SSE STAR Chip Design Thematic ETF

Guotai CSI Computer Theme ETF

GF Fund CNI Semiconductor Chips ETF

ByteDance to launch second-gen Doubao phone in Q2, sources say

ByteDance officially launched the Doubao Phone Assistant project at the end of last year, with a new device expected to be released in the late second quarter of this year. The new device shows significant performance improvements over the first-generation test version and continues to collaborate with ZTE Nubia, with ZTE responsible for hardware and Doubao for AI. Meanwhile, the Doubao phone team has reached cooperation agreements with some internet companies and is negotiating with smartphone manufacturers such as Vivo to promote overseas market expansion

AASTOCKS

According to reports, ByteDance launched the official version project of Doubao Mobile Assistant at the end of last year and plans to release a new device in the mid to late second quarter

MS-ZTE @EC2608A(21169.HK)

MWC 2026: ZTE to debut Nubia M153 with Doubao AI assistant preview

Hong Kong stock market closing | Hang Seng Index rose 0.95%, stabilizing at 26,600 points, YOFC surged 10.06%, Tencent rose 1.17%

Hong Kong Stock Midday Review | Hang Seng Tech Index up 1.03%, Tencent Holdings up 2.83% leading the way, YOFC up 3.85%

Hong Kong stock market intraday | The Hang Seng Index rose 0.36%, technology stocks fluctuated and diverged, Tencent Holdings increased by 1.17%, Kuaishou fell by 1.02%

Hong Kong Stock Market Update | The Hang Seng Index fell 0.95%, Alibaba dropped 2.9%, while the communication equipment sector surged against the trend